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Posts Tagged: “mine production

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May 1, 2019Key Gold Headlines

Australian Mines Are Running Out of Gold

Australian mines are running out of gold, according to a report by S&P Global Market Intelligence. Analysts say Australia sits poised above a “production cliff.” The country could slip from the world’s second-largest gold producer to fourth by 2024. The Australian gold mining industry faces the same problem as South Africa’s – aging mines.

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